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Nit: it's not 'two' descriptors if one uses the multipath expressions per BIP-389

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Salvatore Ingala 2024-07-11 10:33:13 +02:00
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@ -14,7 +14,7 @@
== Abstract ==
Wallet policies build on top of output script descriptors to represent the types of descriptors that are typically used to represent "accounts" in a software wallet, or a hardware signing device, in a compact, reviewable way. A wallet policy always represents exactly two descriptors, which produce the receive and change addresses that are logically part of the same account.
Wallet policies build on top of output script descriptors to represent the types of descriptors that are typically used to represent "accounts" in a software wallet, or a hardware signing device, in a compact, reviewable way. A wallet policy always represents descriptors which produce all the receive and change addresses that are logically part of the same account.
We simplify the language to suit devices with limited memory, where even keeping the entire descriptor in memory could be a major hurdle, by reducing the generality of descriptors to just the essential features and by separating the extended pubkeys and other key information from the descriptor.